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20121129
20121207
Search Results 0 to 5 of about 6 (some duplicates have been removed)
, president obama says he hopes to have a deal to avoid the fiscal cliff by christmas. invest fors apparently shared his optimism and stocks closed higher. congress must reach a compromise on the deficit reduction plan by the end of the year. otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their final debate. the meeting will be private. no aids and no media. >>> armed with guns and sledgehammers, the daring bay area jewelry heist that took 75 seconds to pull off. >>> well, that and $7 will get you a cup of coffee. what's so special about starbucks' new brew? >>> a $580 million jackpot is up for grabs tonight. now california wants in on the action. how soon until you can play powerball? ,, sledgehammers, hit a bay ara jewelry store. it happened in los gatos. c5 reporter kiet >>> they were in and out in a flash. two thieves waving guns and sledgehammers hit a bay area jewelry store. it happened in los gatos. kiet do shows
we fall off the fiscal cliff. but lawmakers don't seem any closer to pulling us back from the ledge. the president's plan includes $1.6 trillion in new tax revenue in exchange for $400 billion in entitlement cuts. but it doesn't say where the savings will come from. republicans called it an insult. >> despite that claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. >> we are waiting for some specifics, some where, from our republican colleagues to show that they're serious on negotiations. >> if a compromise is not reached by year's end, automatic tax hikes and steep budget cuts will kick in. >>> the president and mitt romney met face-to-face today for the first time since their contentious campaigning. aides say they discussed american leadership in the world and pledged to stay in touch. >>> the supreme court could take up california's same-sex marriage debate as far as tomorrow. we'll know as soon as the court posts a list of cases it plans to review. if the prop 8 case is on the list, it means it would be argued
. >>> if the mayan calendar doesn't get us we're due to fall of the fiscal cliff. tonight each side insists the other party's plan is impossible. they're dismissing the president's proposal. democrats complain the gop plan is way too vague. the president won't sign anything that doesn't increase taxes for the wealthy. the gop counter offer calls for raising 800 billion in revenue without raising tax rates. >> if washington can't reach a deal cbs reporter jim axle rod says your paycheck is going to feel it. >> the payroll tax cut has given this family an extra $70 a month to spend. >> are you paying attention to what's going on in washington right now. >> of course we are. >> their 50,000-dollar a year income puts them in the middle of american households if the payroll tax cut is not extended those families would pay an average of $1,035 a year more in social security taxes. >> do you have room to cut back. >> no, sir i don't. i guess if i do some type of magic like we do every month. >> if the tax cut expires paycheck contributions will go from 4.2 percent to 6.2 percent. $115billion a year that wil
Search Results 0 to 5 of about 6 (some duplicates have been removed)